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View Full Version : Looks Like Your Tax Money is Paying for "Disaster Assistance"




clb09
06-14-2010, 05:01 PM
http://www.disasterassistance.gov/disasterinformation/deepwater.html


The federal government is closely monitoring the BP claims process from outreach to language accessibility to intake to adjustment to payment. In addition, any claim that is not settled within 90 days of submission to BP or denied by BP may be presented to the Coast Guard for relief from the Oil Spill Liability Trust Fund through the National Pollution Funds Center (NPFC).

In addition, the National Incident Command has established the Deepwater Integrated Services Team to coordinate interagency support services for individuals and small businesses impacted by the BP oil spill - designed to provide residents with full, streamlined access to all federal assistance programs. This includes direct interaction with individuals affected by the spill, facilitation of SBA economic injury assistance loans, and leveraging of existing non-federal services and providers in the Gulf region.

The National Pollution Funds Center is supported by taxpayers (its also not in the Constitution).

http://www.uscg.mil/npfc/


The U.S. Coast Guard's National Pollution Funds Center (NPFC) was created to implement Title I of the Oil Pollution Act (OPA), which addressed issues associated with preventing, responding to, and paying for oil pollution.

Vessol
06-14-2010, 05:06 PM
Just another way they are protecting BP assets by making the U.S citizens pay.

MelissaWV
06-14-2010, 05:12 PM
How much aid is TN getting? AR? OK? Can we take care of things that happened through no fault of the people involved, first, if we're to have "disaster response" at all? Instead, where there is a very likely culprit (BP), the nation is going to foot a portion of the bill. Good on ya, Obama.

Vessol
06-14-2010, 05:16 PM
Revenue US $246.1 billion (2009)[1]
Operating income US $26.43 billion (2009)[1]
Net income US $16.58 billion (2009)[1]
Total assets US $236.0 billion (2009)
Total equity US $101.6 billion (2009)

http://en.wikipedia.org/wiki/Bp

Why is the U.S Government spending a dime on this?

BP's assets could easily pay for all of this.

phill4paul
06-14-2010, 05:27 PM
Oh this just gets better all the time. Who woulda thunk that the government would have had a contingency plan to bail out an oil company.